$865,000
$864,900
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4 Beds
4 Baths
1,632 SqFt
SOLD DATE : 08/21/2020
Key Details
Sold Price $865,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 1,632 sqft
Price per Sqft $530
Subdivision Summer Haven South T/H
MLS Listing ID 837334
Sold Date 08/21/20
Bedrooms 4
Full Baths 3
Half Baths 1
Construction Status Construction Complete
HOA Y/N No
Year Built 1983
Property Description
Act now on this LOWEST PRICED 4 BR GULF FRONT TOWNHOME w/ $108,680 ANNUAL PROJ RENTAL INCOME! Earn an est $44,428 NET income after expenses or 25% Return on cash w/financed purchase or an est $87,556 NET income or 10% ROI w/cash purchase. Although 2019 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of income in March & April & WITHOUT 4 weeks personal use in summer. Offering an open floor plan, this renovated beach Home delivers stunning Gulf views from almost every room. White shiplap walls & LVP floors provide a beachy feel. Perfectly furnished & configured to comfortably sleep 16, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs if purchased for a 2nd/Beach Home.
Location
State FL
County Walton
Area 15 - Miramar/Sandestin Resort
Zoning Resid Multi-Family
Rooms
Guest Accommodations Beach,Waterfront
Kitchen First
Interior
Interior Features Ceiling Crwn Molding, Floor Laminate, Floor Tile, Furnished - All, Lighting Recessed, Renovated, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Deck Open, Patio Covered, Patio Open
Garage Guest
Pool None
Community Features Beach, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf,Unit Waterfront
View Gulf
Private Pool No
Building
Lot Description Within 1/2 Mile to Water
Story 3.0
Water Gulf, Unit Waterfront
Structure Type Frame
Construction Status Construction Complete
Schools
Elementary Schools Van R Butler
Others
Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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